July 25, 2014 3:03 PM ET

Metals and Mining

Company Overview of Newmont Ghana Gold Limited

Company Overview

Newmont Ghana Gold Limited owns and operates gold mines in the Brong-Ahafo region of Ghana. The company is based in Accra, Ghana. Newmont Ghana Gold Limited operates as a subsidiary of Newmont LaSource SAS.

C825/26 Lagos Avenue

East Legon

PMB Airport

Accra,  

Ghana

Phone:

233 021 7011852

Fax:

23 3 217 011 855

Key Executives for Newmont Ghana Gold Limited

Vice President of African Operations
Age: 57
Group Executive for Social Responsibility and Director of Communications Africa & Europe
Compensation as of Fiscal Year 2014.

Newmont Ghana Gold Limited Key Developments

Newmont Ghana Gold Limited Terminates Option on Anuoro License

AMI Resources Inc. has received from Newmont Ghana Gold Limited a Notice of Termination of the Option Agreement to earn an interest in the Anuoro prospecting license in Ghana. Under the agreement, Newmont Ghana will provide the Company with a final data package of all their exploration programs on Anuoro. The majority of Newmont's work was concentrated in the northern portion of the Anuoro license, which they hoped would indicate a broad potential economic mineralization capable of producing low bulk tonnage for heap leaching. Several other targets have been generated across the entire project by Newmont and the Company which are yet to be drill tested. The 65 square kilometers Anuoro concession is located on the Ashanti greenstone belt; the most prolific of the Ghanaian greenstone belts about 8 kilometers south west of the Konongo mine. It covers about 10 kilometers strike of the Ashanti structure and is composed of complex lithological units. In June 2012, the license was renewed for a two-year period and further extensions are available under the mining laws. With AMI now having 100% control of the operations, AMI will evaluate all the data and prepare its next phase of exploration.

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